Delaware Opportunity Fund Market Value
| FIZRX Fund | 35.79 0.12 0.34% |
| Symbol | Delaware |
Delaware Opportunity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Delaware Opportunity's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Delaware Opportunity.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Delaware Opportunity on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Delaware Opportunity or generate 0.0% return on investment in Delaware Opportunity over 90 days. Delaware Opportunity is related to or competes with Columbia Global, Red Oak, Goldman Sachs, Hennessy Technology, Janus Global, Dreyfus Technology, and Technology Ultrasector. The fund invests primarily in mid-size companies that the Manager believes offer attractive valuation and quality charac... More
Delaware Opportunity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Delaware Opportunity's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Delaware Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9047 | |||
| Information Ratio | 0.0852 | |||
| Maximum Drawdown | 5.45 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.94 |
Delaware Opportunity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware Opportunity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delaware Opportunity's standard deviation. In reality, there are many statistical measures that can use Delaware Opportunity historical prices to predict the future Delaware Opportunity's volatility.| Risk Adjusted Performance | 0.2129 | |||
| Jensen Alpha | 0.0934 | |||
| Total Risk Alpha | 0.0765 | |||
| Sortino Ratio | 0.0933 | |||
| Treynor Ratio | 0.231 |
Delaware Opportunity Backtested Returns
Delaware Opportunity appears to be very steady, given 3 months investment horizon. Delaware Opportunity secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the fund had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Delaware Opportunity, which you can use to evaluate the volatility of the entity. Please utilize Delaware Opportunity's Coefficient Of Variation of 439.79, mean deviation of 0.7204, and Downside Deviation of 0.9047 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.93, which means possible diversification benefits within a given portfolio. Delaware Opportunity returns are very sensitive to returns on the market. As the market goes up or down, Delaware Opportunity is expected to follow.
Auto-correlation | 0.84 |
Very good predictability
Delaware Opportunity has very good predictability. Overlapping area represents the amount of predictability between Delaware Opportunity time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Delaware Opportunity price movement. The serial correlation of 0.84 indicates that around 84.0% of current Delaware Opportunity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Delaware Opportunity lagged returns against current returns
Autocorrelation, which is Delaware Opportunity mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Delaware Opportunity's mutual fund expected returns. We can calculate the autocorrelation of Delaware Opportunity returns to help us make a trade decision. For example, suppose you find that Delaware Opportunity has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Delaware Opportunity regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Delaware Opportunity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delaware Opportunity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delaware Opportunity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Delaware Opportunity Lagged Returns
When evaluating Delaware Opportunity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delaware Opportunity mutual fund have on its future price. Delaware Opportunity autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Delaware Opportunity autocorrelation shows the relationship between Delaware Opportunity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Delaware Opportunity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Delaware Mutual Fund
Delaware Opportunity financial ratios help investors to determine whether Delaware Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Delaware with respect to the benefits of owning Delaware Opportunity security.
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